Once the application is approved, a licence fee must be paid, the amount of which depends on the type and volume of gambling activities. This fee is a prerequisite for the issuance of a licence.
International recognition
Income from mining and steaking
Importance of MSB and FMSB regulation
Obtaining a cryptocurrency licence in Labuan opens up new opportunities for business growth and scaling. Companies can enjoy all the benefits of an international financial centre, including access to skilled professionals, developed infrastructure and a global network of business contacts. This helps to increase the volume of transactions, expand the client base and strengthen competitiveness in the global market.
Company Registration: The first step is to establish a legal entity in Costa Rica. This is usually done in the form of a limited liability company (Sociedad de Responsabilidad Limitada) or a corporation (Sociedad Anonima). In order to register, it is necessary to prepare the articles of incorporation, identify the shareholders and directors.
Regulatory requirements
Access to talent: Lithuania has highly qualified IT and fintech specialists, which is an important resource for crypto project development.
But even in this case, approval is not guaranteed. To avoid a negative answer, it is recommended to contact specialists at the first stages.
Choosing a Bank: The first step is to choose the right bank to open a personal account. Research the reputation of different banks, their specialisation, terms of service and tariffs.
